How Much Does It Cost To Start An Event Management Company? (In 2022)

Wondering how much it costs to start an event management company?

• The minimum startup costs for an event management company: $62
• The maximum startup costs for an event management company: $28,023
• The average startup costs for an event management company: $14,725

Here's a detailed list of an event management company startup costs:

Equipment & Supply Expenses

Starting an event management company may require purchasing some equipment, whether that's for producing the product or packaging the goods, or equipment needed in the back office.

Business Formation Fees

There are a few key costs associated with forming your business entity, such as setting up an LLC and getting trademarks, copyrights, and patents sorted.

Software Expenses

Your event management company needs software to run efficiently!

Why spend money on software? Because it can help you save time and automate certain parts of the business, so you can focus on the most important matters. Software and technology can help you grow your business, and save you from expensive personnel costs.

Office Space Expenses

It will be your call to determine if you need office space. It is not a requirement but may be necessary as your event management company grows.

Employee & Freelancer Expenses

Website Costs

Every business should have a website, and it's worth spending a bit of money to set it up right.

Advertising & Marketing Costs